Sunday Property Round-Up June 13th, 2021

 

Irish property market news and insights – for the industry, by the industry  

 

Firstly, after more than a decade, I scrapped my old website and decided not to replace it. Instead, together with the PLACEengage team, we have created a space online for people to drop in for a virtual coffee and perhaps listen to a property podcast on iPropertyRadio or browse some of our real estate and construction news pages through Property District or Proptech Ireland.

*My new non-website can be accessed here: https://caroltallon.com

www.caroltallon.com

 

 

Before we get stuck into the general property news of the week, below are the local and international stories that might be of particular interest: 

 

 

 

Register for complimentary tickets for Dublin Tech Summit 2021

 

 

 

 

  • Former Law Society President and current Council member Michael Quinlan has been appointed chair of the Property Services Regulatory Authority (PSRA) https://www.lawsociety.ie/gazette/top-stories/law-society-council-member-to-chair-prsa/

 

 

 

 

 

 

 

 

 

  • Bringing heritage buildings to life again takes time: The sensitive restoration and conversion into homes of two historic and protected 18th century Dutch-influenced townhouses which had fallen into dereliction on Cork city’s historic spine shows what’s possible when local authorities use their powers and are funded to deliver https://www.irishexaminer.com/opinion/commentanalysis/arid-40312295.html?type=amp

 

 

 

 

 

 

If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/category/sunday-property-review/ 

 

As always, you might let me know if I have missed out on any relevant property news by emailing  carol@caroltallon.com.

 

(Apologies in advance for any typos, it’s difficult to get good help on a Sunday. Also, I use voice to text dictation so just sound out anything that really doesn’t make sense in a strong rural accent and that should help!)

 

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SUNDAY LISTEN

 

 

Property Matters: Ireland’s First Weekly Property Radio Show & Podcast

 

Ireland’s first weekly property radio show, Property Matters, launched In January 2019 on 

Dublin South FM 93.9 and is now available internationally via iTunes and Spotify podcast (www.iPropertyRadio.com). The team delivers 60 minutes of industry chat weekly with guests from the areas of planning, construction, property and proptech.

On #PropertyMatters this week, we review the Limerick property market and speak to Helen McCormack, Owner of Helen McCormack Estate Agents based in Limerick about the business of estate agency.

Watch back: https://youtu.be/CyPAqE82PtE

 

 

 

*Listen back to all shows at: https://ipropertyradio.com/property-matters/

 

Email the Property Matters team at info@propertydistrict.ie 

 

 

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

 

 

 

 

  • Call for council to build heated outdoor pool instead of white-water rafting facility at George’s Dock: The cost of the rafting project has grown from an initial estimate of €12 million to €25 million and it has been met with considerable opposition. https://www.thejournal.ie/heated-pool-5461823-Jun2021/

 

 

 

 

 

 

 

 

 

 

*PLACEengage: The future of speedy, successful placemaking for property developers is here – Property developers and project owners ready Public Consultation are encouraged to contact the PLACEengage team for full details*

 

 

 

CONSTRUCTION & DEVELOPMENT NEWS

Sean Mulryan’s Ballymore plans 385 new homes for naas

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PROPTECH, MMC & CONSTRUCTION INNOVATION

  • Proptech Ireland is updating the database of 2021 Irish technology providers for the built environment – From smart design and planning right through to the smart property transaction, where does your Irish-led or Ireland-based proptech  or MMC business sit?  Pease take five minutes to add or update your details to our internationally-shared listing here: SIGN UP HERE: *PROPTECH INNOVATORS and STARTUPS * 

 

 

 

 

 

 

 

 

 

  • PlaceTech | Equiem joins forces with leading US landlord https://placetech.net/news/equiem-joins-forces-with-leading-us-landlord/amp/

 

 

  • 5 Mins With … Construo Founder & CEO Tom Spilsted | Technology & AI | Construction Global https://constructionglobal.com/technology-and-ai/5-mins-construo-founder-and-ceo-tom-spilsted

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

 

 

 

 

 

 

  • Bulk leasing of social homes has no ‘substantial economic benefit’: Eurostat said the practice of leasing social homes, as opposed to buying them outright, has almost completely de-risked development costs and funds “enjoy most of the rewards” of the deals https://www.businesspost.ie/houses/bulk-leasing-of-social-homes-has-no-substantial-economic-benefit-08149a9f

 

 

 

 

 

 

 

 

 

 

  • Property Focus: Why Dingle is now a pandemic refuge for buyers leaving the cities – Properties that were previously slow to sell are going quickly and derelict cottages are being bought up by buyers to renovate them as permanent homes, part-time residences and holiday hideaways https://www.irishexaminer.com/property/residential/arid-40305266.html

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Staycity expands in France and Germany in post pandemic push: The Irish aparthotel operator opened properties in Heidelberg and Bordeaux, and plans to add ten more locations this year and next https://www.businesspost.ie/companies/staycity-expands-in-france-and-germany-in-post-pandemic-push-0a1c3a91

 

 

 

 

 

 

 

 

 

 

 

  • BidX1 to offer 250 lots with reserves of €40m in next auction: Top lot in June 25 sale is a group of eight apartments in Dublin’s Liberties with €1.85m price tag https://www.businesspost.ie/commercial/bidx1-to-offer-250-lots-with-reserves-of-eur40m-in-next-auction-3489788a

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

 

 

  • This article, which dates back to last February, was shared by The Currency’s Sean Keyes this week and there’s plenty to learn from here: “One consequence of Covid has been plunging rents in cities across the world, as tenants flock out of city centres and the long-term rental market is flooded with former Airbnb properties. This has left tenants jubilant, and landlords panicked. Sydney, Australia, is no different. But what is remarkable is that rents and house prices in Sydney were falling some time before Covid struck. From a peak of A$550 per week in 2015 (£310, US $420), the median unit rent had fallen a substantial 7.3% by December 2019. House prices fell from a median of A$1,075,000 in December 2017 to A$865,000 a year later. By contrast prices in London, UK, have been broadly stable since 2016 after almost two decades of meteoric growth. The cause of this was pretty simple. Sydney built more houses. But how it did it is the interesting part…” https://worksinprogress.co/issue/a-place-in-the-sun/

 

 

FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS

Crowd-sourcing answers topical property questions:    

Irish Property Buyers Handbook annuals

 

As many of you might know, my annual property book The Irish Property Buyers’ Handbook (since 2011) was rebranded in 2018 and now appears as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here: https://www.amazon.com/Carol-Tallon/

 

From 2020, the publishers and I wanted to ensure the content remains topical and we are now doing this by crowd-sourcing home buyer and investor queries, with crowd-sourced and editorial team answers. 

 

Join the Facebook Group here to contribute: https://www.facebook.com/groups/IrishPropertyBuyers/

 

 

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